XRP Ripple BREAKING news today (8/6): Gensler’s SEC MORE OF THE SAME! Binance CEO QUITS! Yellen & Musk on new bill, SEC Charges So-Called DeFi Company for Allegedly Fraudulent $30M Offering, CFTC Commissioner Says SEC Lacks Authority
XRP Ripple news today:
► Binance.US CEO Brian Brooks Quits
► SEC Charges So-Called DeFi Company for Allegedly Fraudulent Offering
► Yellen Has Been Lobbying Against Wyden-Lummis-Toomey Crypto Amendment
► Musk Urges Lawmakers Weighing Infrastructure Bill’s Tax Provision Not to Pick Crypto ‘Winners or Losers’
► CFTC Commissioner Says SEC Lacks Authority Over Commodities, Including ‘Crypto Assets’
► Gensler’s SEC Is the Same Old SEC
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Binance.US CEO Brian Brooks Quits, Cites ‘Strategic Differences’
https://www.coindesk.com/binance-us-ceo-brian-brooks-quits-cites-strategic-differences
SEC Charges So-Called DeFi Company for Allegedly Fraudulent $30M Offering
https://www.coindesk.com/sec-charges-defi-company-for-alleged-fraudulent-30m-offering
Janet Yellen Has Been Lobbying Against Wyden-Lummis-Toomey Crypto Amendment: Report
https://www.coindesk.com/janet-yellen-has-been-lobbying-against-wyden-lummis-toomey-crypto-amendment-report
Tesla’s Musk Urges Lawmakers Weighing Infrastructure Bill’s Tax Provision Not to Pick Crypto ‘Winners or Losers’
https://www.coindesk.com/teslas-musk-urges-lawmakers-weighing-infrastructure-bills-tax-provision-not-to-pick-crypto-winners-or-losers
CFTC Commissioner Says SEC Lacks Authority Over Commodities, Including ‘Crypto Assets’
https://www.coindesk.com/cftc-commissioner-says-sec-lacks-authority-over-commodities-including-crypto-assets
Money Reimagined: Gensler’s SEC Is the Same Old SEC
https://www.coindesk.com/money-reimagined-genslers-sec-is-the-same-old-sec
Chapters
00:00 Intro
00:58 Crypto Market Update
01:56 Binance.US CEO Quits
03:43 SEC Charges So-Called DeFi Company
05:22 Uphold Reminder
06:15 Yellen Lobbying Against Crypto Amendment
08:28 Musk Urges Lawmakers
10:36 CFTC Commissioner Says SEC Lacks Authority
12:36 Gensler’s SEC Is the Same Old SEC
23:12 Closing thoughts
========================
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About Frank Chou:
Finance Director with over 10 years of experience implementing finance best practices for multi-billion-dollar companies serving both domestic and international marketplaces in the manufacturing, distribution/fulfillment, and mining sectors.
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